Is the Stock Market Going to Recession?

The S&P fell 25 percent the Nasdaq fell 32ish like is that enough? And how deep will the recession go? So Jim Bianco tweeted the September Chicago PMI Was 45.7 badly missing the consensus even below the lowest of 24 estimates on Bloomberg Only one time has this measure been this low and it was not a recession Which was December 2015 The other seven times it was this low, It was a recession. That means earnings have to roll over. There's been a ton of times historically where earnings have gone negative year over year and the stock market have done just fine I'm gonna 15 16 15 16. We had an earnings recession Just because earnings fall doesn't necessarily mean